Bynav Secures Hundreds of millions Investment from Bosch Venture Capital, Great Wall Motors, Xinghang Capital, and Geely-affiliated Funds

Recently, bynav has secured strategic investments totaling several hundred million RMB from key investors including Bosch Venture Capital, Great Wall Motors' investment platform Great Wall Capital, Rockets Capital (a private equity fund initiated by XPENG Motors), and Xingyuan Capital (a Geely-affiliated fund). This funding round brings together leading Chinese and international automotive manufacturers, emerging top Chinese EV players, and Tier1 industry capital, reflecting the industry's strong endorsement of Bynav's technology and products. Investment entities under CICC Capital, FG Venture, CICVC Capital Investment, and CoStone Capital also participated in this investment round, forming an influential consortium of shareholders.

With over a decade of experience in the high-precision positioning industry, Bynav offers a comprehensive product lineup, including GNSS modules based on its own GNSS SoC, IMU modules, GNSS/INS combined navigation modules and boxes, and visual fusion positioning SDK. They provide automotive OEMs and developers of intelligent vehicles with high-precision positioning solutions that combine performance and cost advantages. Automakers and manufacturers can choose from this product range based on their specific requirements. Bynav has emerged as a Tier1 player with exceptional capabilities, filling a niche in the autonomous driving industry in recent years